The European Central Bank Signals Interest Rates Nearing the Neutral Range
10 days ago
In a recent statement, ECB policymaker Klaas Knot indicated that the current interest rates are approaching the upper limit of what is considered a neutral rate. This revelation comes amid ongoing discussions about monetary policy in the face of evolving economic conditions.
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Bank of Canada Faces Challenge in Identifying the Neutral Interest Rate, Says Governor Macklem
6 months ago
In a recent statement, Tiff Macklem, the Governor of the Bank of Canada, emphasized the central bank's ongoing struggle to pinpoint the neutral interest rate—an essential benchmark that reflects a balance between economic growth and inflation. This admission underscores the complexities the institution faces as it navigates monetary policy in an increasingly unpredictable economic landscape.
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